What Would I Do With A LISA?

I currently have a LISA (Lifetime ISA) and plan to use it to buy home or for retirement. This blog post is to give a brief on the LISA, its features and how you can utilise it towards your first home purchase or as a retirement account. Assuming Maggie is a 37yo lady who doesn’tContinue reading “What Would I Do With A LISA?”

How I Invest in the Stock Market Series B – Dollar Cost Averaging

Dear Daughter, I recently received some questions on the term Dollar Cost Averaging (DCA) -what it really means & why DCA when investing. Taken the opportunity explaining this as much as I can in this post. I hope you find it useful. For the purposes of this post, please change the currency to your localContinue reading “How I Invest in the Stock Market Series B – Dollar Cost Averaging”

How I Invest in the Stock Market Series B

In this section of the Wealth Building Series, I speak about the basics of investing and what I do. As usual, this blog has been set up to teach my future daughter the ways of the UK personal finance scene. Dear daughter, you will be right to check that all information is current. This isContinue reading “How I Invest in the Stock Market Series B”

HTB ISA vs LISA

For anyone who is not aware the 2019/2020 Financial Year ends on Sunday, 05 April, 2020 at 11:59pm. The world is experiencing an epidemic at the moment and half of humans are under Lockdown; we are stuck at home. Here in the UK we are only allowed to go out for essential reasons only. WhilstContinue reading “HTB ISA vs LISA”

How I Invest in the Stock Market – Part 4

Charitable & Payroll Giving The above are great ways to give to your favourite charities or a cause you support. I am a Christian and decide to give 10% of my gross earnings (pls do not try and get me into an argument about gross or net giving. I will not engage. Do what yourContinue reading “How I Invest in the Stock Market – Part 4”

How I Invest in the Stock Market – Part 3

SIPPs (Self Invested Personal Pensions) These are also retirement savings account. Most employers will not contribute to a SIPP and especially if they have a company pension available to employees. The SIPP is best placed for self-employed individuals or those on temporary contracts who have no recourse to a company-based pensions. That said, individuals withContinue reading “How I Invest in the Stock Market – Part 3”

How I Invest in the Stock Market Series A – Part 2

ISA The ISA is post-tax savings account. This means contributions into the account are made by the individual through after-tax earnings. Any withdrawals from the account are made tax free. Current allowance for the 2019/2020 financial year is £20k p.a. the £20k p.a. is total sum over all ISA products including stocks and shares ISAs,Continue reading “How I Invest in the Stock Market Series A – Part 2”

How I Invest in the Stock Market Series A – Part 1

Employer/Workplace Pensions During my 13 year stay in the UK, all my employers have offered a work place pension of some sort. On my first job in the UK, I remember my friend asking me to contribute to a pension but my uneducated mind at the time, could not comprehend. As far as I wasContinue reading “How I Invest in the Stock Market Series A – Part 1”

How I Invest in the Stock Market Series A

Disclaimer: No information on this page can be taken as financial advice. This is what I have done based on personal research. Please undertake your personal research and seek financial advice if required to inform your decisions. All information here is my opinion hence do not expect me to repeat the phrase, ‘opinion and/or personal opinion’Continue reading “How I Invest in the Stock Market Series A”